HomeBusiness ›EIG Appoints Abdulaziz Al-Gudaimi as Senior Advisor and President of MENA Operations

EIG Appoints Abdulaziz Al-Gudaimi as Senior Advisor and President of MENA Operations

Al-Gudaimi, formerly Executive Vice President of Corporate Development at Saudi Aramco (Aramco), has more than 38 years of experience in the energy and resource markets and will provide strategic advice to EIG on its investment activities and continued growth in the region.

December 02, 2023. By News Bureau

EIG announced that Abdulaziz Al-Gudaimi has joined EIG as Senior Advisor and President of EIG's Middle East and North Africa operations. East & North Africa (MENA). 

Al-Gudaimi, formerly Executive Vice President of Corporate Development at Saudi Aramco (Aramco), has more than 38 years of experience in the energy and resource markets and will provide strategic advice to EIG on its investment activities and continued growth in the region.

 

"We are excited to welcome Abdulaziz to the firm," said R. Blair Thomas, President and CEO of EIG. “His deep expertise and wealth of experience in the MENA region will be instrumental in securing additional investment opportunities in critical energy and related infrastructure for EIG and for our portfolio of companies looking for a way to approach the complex challenges of transitioning to a low-carbon future.

"I got to know Blair and the EIG team through the firm's partnership with Aramco and look forward to the opportunity to build on their success in the region," said Al-Gudaimi. “As the energy transition continues, gains importance and paves the way for a better tomorrow, EIG is well positioned to seek opportunities to leverage its operational expertise and support the decarbonisation of the region's energy sector. I look forward to helping create value for the firm's portfolio of companies and its investors.”

Al-Gudaimi served as Executive Vice President of Corporate Development at Aramco before retiring from that position in December 2022. In that role, he helped Aramco secure greater access to growth markets and technologies through portfolio optimization and strategic alignment. 

Al-Gudaimi previously held several other senior positions at Aramco, including Senior Vice President Downstream (Oil and Gas Processing) and Vice President Power Systems (Energy Infrastructure). 

Al-Gudaimi currently serves as a director of Vision Invest Holding and Saudi Alfransi Bank, and previously served as chairman of the boards of Motiva Enterprises LLC, Arlanxeo, Saudi Aramco Total Refining and Petrochemical Company, Aramco Trading Company and Petro Rabigh. He holds academic degrees of BS (Bachelor of Science) in Petroleum Engineering and MBA.

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